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Arrowhead Ranch Real Estate Report

Another yeElise Fayar has come and gone. I hope everyone had a wonderful holiday season and I sincerely wish you and your loved ones a healthy and happy 2016! So what happened in 2015?

Here are some market stats:

  • 84,171 homes sold in 2015. 10% increase over 2014
  • Approx 2.8 mos of inventory. At this time we have about 20,556 homes for sale. On average we sell about 7000 homes/month.
  • Just as we predicted prices rose about 6.7% for 2015
  • Over 100,000 people have moved to Arizona this past year.

 

Another indicator of a strong housing market is seen in the number of “new builds” in our area. A small explosion is taking place in N. Peoria along Deer Valley Rd & the Lake Pleasant Corridor.

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Top 1% Realtors in Maricopa County

Elise Fay

Elise Fay, REALTOR®

We are 4 full years past the bottom of the real estate market and for the most part we have recovered. There is lower than average inventory of homes (still some folks cannot sell yet), prices are up, demand is strong, people are relocating, others are downsizing, upsizing or just looking for a change of scenery. What remains true is “fixed up houses sell for more money in a shorter amount of time”. Our exclusive stager can help you maximize your $$$. *Call me for a special “New Build” Home Tour and ask about my buyer incentive plan when you take me on your first visit.

 

Arrowhead Sold Homes – Dec 2015

Sold Address   Built Features Price
12/2/2015 5315 W. Mohawk Dr    1996 63FRDXPO3G3S $535,000
12/4/2015 6515 W. Louise Dr    1994 32FRDX3G $300,000
12/18/2015 6177 W. Pontiac Dr    1995 32R2G2S $215,000
12/15/2015 20262 N. 61st Ave    1992 32FRDPS2G $278,000
12/15/2015 22014 N. 59th Ln    1994 54FRDXP3G3S $396,250
12/23/2015 5926 W. Louise Dr    1994 43.5RPSO3G2S $375,000
12/24/2015 6551 W Lone Cactus    1992 42.5FRDXPSO3G3S $386,500
12/29/2015 5958 W Fieldstone    1994 42FRO2G3S $279,000
12/30/2015 21624 N. 59th Dr    1994 32FRDO3G6S $297,000
12/30/2015 21508 N 65th Ave    1993 42.5RDP3G $389,500
12/30/2015 20739 N. 56th Ave    1994 42.5FRDX3G $400,000
12/30/2015 5568 W Rose Garden    1995 42.5FRDXP3G $410,000
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